Austin Engineering

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Daily Volume Index

Score

-0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 39.9 0.47% 0.64% 3.1% -4.6% -29.0%
SHORT 14 11.0 0.57% 0.89% 2.6% -2.1% 2.0%

Summary

Technical Analysis

Austin Engineering (ANG.AX)


Indicator:

DAILY VOLUME INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.18
Signal Strength: MEDIUM
Recommendation:

Austin Engineering (ASX:ANG) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 312.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];


PROFILE: Austin Engineering (ANG.AX)


Stock Exchange: ASX
Company: Austin Engineering
Ticker Codes: | ANG.AX | ASX:ANG |

About Austin Engineering (ASX:ANG):

Austin Engineering Ltd manufactures, repairs, overhauls, and supplies mining attachment products, and other associated products and services for the industrial and resources-related business sectors. It offers off-highway dump truck bodies, buckets, water tanks, service modules, tyre-handlers, and ancillary attachments. The company also offers various services, such as equipment repair and maintenance, equipment lifting and transport, specialized fabrication, painting and blasting, specialized machining and line boring, and on-site maintenance and shutdown services. It serves miners, mining contractors, and original equipment manufacturers in Australia, the Americas, and Asia. Austin Engineering Limited was founded in 1982 and is headquartered in Milton, Australia.

Top 10:

Daily Volume Index

Download
Company Close Change(%) Volume Value Signal
CGS Cogstate 0.36 12.5 54,332 1,394 BULLISH
DTL Data#3 3.43 5.2 1,162,137 5,365 BULLISH
BSE BSE 0.22 4.9 77,053 7,863 BULLISH
SGF SG Fleet 2.68 4.7 164,520 299 BULLISH
BSA Broadcast Services Australia 0.4 3.9 157,046 1,278 BULLISH
PGC Paragon Care 0.43 3.6 423,426 5,593 BULLISH
IPD Impedimed 0.17 3.1 1,756,283 18,762 BULLISH
PMV Premier Investments 19.84 2.5 358,300 422 BULLISH
PRT Prime Television 0.21 2.5 157,508 17,813 BULLISH
FLT Flight Centre 40.71 2.2 478,225 224 BULLISH